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Blockchain Technology A game-changer in accounting?

www2.deloitte.com

whether they could trust their own books. However, to gain the trust of outsiders, independent public auditors also verify the company’s financial information.1 Each audit is a costly exercise, binding the company’s accoun-tants for long time periods. 1 Stakeholders place their trust in the auditors retained by management to vouch for them.

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